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Tuesday, July 1, 2025

KOREA

2 American students, both 20, killed in Itaewon tragedy

 The two Americans who died in Itaewon on Oct. 29 in the Halloween celebration crowd crush were exchange students. They were both 20 and were...

Pyongyang shoots two missiles into East Sea

North Korea fired two short-range ballistic missiles (SRBM) into the East Sea on Friday. It was the 14th missile launch by Pyongyang since the start...

Seoul shares open lower on dim U.S. tech earnings, Fed uncertainties

Stocks opened lower Friday, weighed by lackluster earnings and forecasts from major U.S. tech companies, with uncertainties hanging over the Federal Reserve's next move...

Pentagon warns Pyongyang of obliteration if it uses nukes

Any nuclear attack by North Korea against the United States, South Korea, or Japan would result in the termination of the North Korean regime,...

Korea on track to hit 2.6 percent 2022 GDP growth target

Containers stacked at a dock in a port in Busan on Oct. 3 Korea’s economy grew by 3.1 percent in the third...

Lee Jae-yong appointed chairman of Samsung Electronics

Lee Jae-yong speaks at a Samsung Electronics chip factory in Pyeongtaek, Gyeonggi on May 20 when U.S. President Joe Biden and President Yoon...

Hyundai Motor Group breaks ground in Georgia for electric vehicle factory

Ground was broken Tuesday for Hyundai Motor Group’s $5.54 billion electric vehicle (EV) factory in Georgia. The facility will be the largest Korean automaker’s first...

U.S. ground forces change main wartime aim in Korea, says JoongAng

The main mission of U.S. ground forces in South Korea in case a war breaks out with the North will be to eliminate weapons...

Mirae Asset Group invests in Musk’s Twitter takeover

Mirae Asset Financial Group will invest $212 million in Elon Musk's $44 billion acquisition of Twitter, according to electronic disclosures and local media reports.   Mirae Asset...

Legoland Korea rocks debt markets and surprises government

Entry of the troubled Legoland in Chuncheon, Gangwon, on Monday. The government on Sunday announced a 50 trillion won liquidity program in stabilizing...